Csx stock price the CSX stock price now stands at $38

The CSX stock price now stands at $38.10, driven by higher crude oil transport contracts. Market breadth within the transportation sector is positive, lending additional momentum. Candlestick analysis reveals multiple bullish engulfing patterns over the past week, often a precursor to sustained short-term rallies. Jacksonville, Florida-based CSX Corporation (CSX) operates as one of the leading transportation companies in North America, providing rail-based freight transportation services in the U.S. and Canada. With a market cap of $63.4 billion, CSX operates through rail and trucking segments. Institutional investors have recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC purchased a new stake in CSX during the second quarter worth $25,000. Rossby Financial LCC bought a new stake in CSX during the first quarter valued at about $28,000. WFA of San Diego LLC purchased a new position in CSX in the second quarter valued at about $28,000. Barnes Dennig Private Wealth Management LLC bought a new position in CSX in the first quarter worth about $30,000. Finally, Kessler Investment Group LLC purchased a new stake in shares of CSX during the first quarter valued at about $32,000. 73.57% of the stock is owned by hedge funds and other institutional investors. CSX Company Profile ( Get Free Report ) CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. Recommended Stories Five stocks we like better than CSX 3 Monster Growth Stocks to Buy Now Why GlobalFoundries Just Became a Geopolitical Power Play What is a Secondary Public Offering? What Investors Need to Know 3 Stocks Using Buybacks to Drive Sustainable Price Growth Upcoming IPO Stock Lockup Period, Explained Why These 3 Tech Stocks Deserve Your Attention in Q4 This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in CSX Right Now? Before you consider CSX, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CSX wasn't on the list. While CSX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here (Almost) Everything You Need To Know About The EV Market Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential. Get This Free Report CSX stock price is pegged at $37.88 in afternoon trading, tracking gains in commodities-linked stocks. Analysts maintain strong forward guidance with 5% revenue growth expected in